Literacy Capital (LON:BOOK) Sets New 1-Year Low – Time to Sell?

Literacy Capital PLC (LON:BOOKGet Free Report)’s share price hit a new 52-week low on Thursday . The company traded as low as GBX 294 and last traded at GBX 301.25, with a volume of 2171 shares changing hands. The stock had previously closed at GBX 299.

Literacy Capital Stock Performance

The company has a quick ratio of 1.73, a current ratio of 0.70 and a debt-to-equity ratio of 8.56. The stock has a 50 day simple moving average of GBX 303.86 and a 200 day simple moving average of GBX 343.19. The company has a market cap of £181.28 million, a price-to-earnings ratio of 244.92 and a beta of 0.36.

Literacy Capital Company Profile

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Literacy Capital plc is a closed-end investment company established in 2017 that is focused on investing in and supporting UK businesses and helping their management teams achieve success.

It also has an unusual charitable feature with donations made each year to literacy charities in the UK equating to 0.5% of net assets p.a.

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